Detroit, MI Rental Market Trends
What is the average rent in Detroit?
The average rent for an apartment in Detroit is $1,256. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Detroit, MI
Last updated July 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,256 | 799 sq. ft. |
What is the average apartment size in Detroit?
The average size for a Detroit, MI apartment is 799 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Detroit, MI apartment rent ranges
Detroit, MI Occupied Housing Units
129,225 or 52% of the households in Detroit, MI are renter-occupied while 120,871 or 48% are owner-occupied.
Detroit, MI rent trends
Average Rent in Detroit, MI By Neighborhood
| City | Average Rent |
|---|---|
| Downtown Detroit | $1,683 |
| Jeffries | $1,480 |
| Lower East Central | $1,363 |
| Middle East Central | $1,360 |
| Lower Woodward | $1,358 |
| Belle Isle | $1,309 |
| Butzel - Indian Village | $1,309 |
| Kettering | $1,308 |
| Hamtramck | $1,267 |
| Upper East Central | $1,267 |
| Middle Woodward | $1,245 |
| Chandler Park | $1,229 |
| Jefferson - Mack | $1,229 |
| Rosa Parks | $1,206 |
| Harper Woods | $1,160 |
| East Riverside | $1,158 |
| Foch | $1,158 |
| St. Jean | $1,145 |
| Highland Park | $909 |
| Palmer Park | $909 |
| Brooks | $877 |
| Cerveny - Grandmont | $874 |
| Mackenzie | $869 |
| Cody | $869 |
| Rouge | $869 |
| Bagley | $868 |
| Greenfield | $868 |
| Pembroke | $868 |
| Harmony Village | $866 |
| Durfee | $855 |
| Redford | $834 |
| Evergreen | $830 |
| Rosedale | $826 |
| Brightmoor | $819 |
| Airport | $799 |
| State Fair - Nolan | $796 |
| McNichols | $755 |
| Winterhalter | $755 |
| Grant | $705 |
| Mt. Olivet | $705 |
| Pershing | $705 |
| Springwells | $606 |
| Vernor - Junction | $606 |
| West Riverfront | $606 |
| Chadsey | $544 |
| Condon | $544 |
| Tireman | $544 |
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What are the most affordable neighborhoods in Detroit?
The most affordable neighborhoods in Detroit are Chadsey, where the average rent goes for $544/month, Condon, where renters pay $544/mo on average, and Tireman, where the average rent goes for $544/mo. If you’re looking for other great deals, check out the listings from Springwells ($606), Vernor - Junction ($606), and West Riverfront ($606), where the asking prices are below the average Detroit rent of $1,256/mo.
What are the most expensive neighborhoods in Detroit?
The most expensive neighborhoods in Detroit are Lower East Central ($1,363), Jeffries ($1,480) and Downtown Detroit ($1,683).
What are the most popular neighborhoods in Detroit?
The most popular neighborhood in Detroit is Lower Woodward, where there are 26 listings with an average rent of $1,358. Next up is Downtown Detroit, where apartments go for $1,683/month, followed by Middle Woodward with $1,245 If you’re looking to rent in Detroit’s most popular neighborhoods, make sure to also check out Butzel - Indian Village, where renters pay $1,309 on average, and Vernor - Junction, where the average monthly rent is $606.
Detroit | Rent Comparison by Neighborhood
Rent in Airport is 8% lower than in Bagley
$799
Airport rent is 36% lower than Detroit average
Average Rent
$799
$868
Bagley rent is 31% lower than Detroit average
Average Rent
$868
How Detroit Compares to Other Cities
| State | Average Rent |
|---|---|
| Detroit | $1,256 |
| Grand Rapids | $1,506 |
| East Lansing | $1,706 |
| Lansing | $1,164 |
| Ann Arbor | $2,043 |
| Southfield | $1,342 |
| Kalamazoo | $1,220 |
| Farmington Hills | $1,411 |
| Flint | $876 |
| Westland | $1,089 |
| Walker | $1,396 |
| Troy | $1,547 |
| Royal Oak | $1,475 |
| Sterling Heights | $1,226 |
| Southgate | $1,071 |
| Taylor | $1,095 |
| Warren | $1,058 |
| Oak Park | $1,254 |
| Dearborn | $1,653 |
| Ferndale | $1,897 |
| Livonia | $1,335 |
What is the average price for a storage unit in Detroit?
The average rent for a non-climate-controlled 10'x10' storage unit in Detroit is $158.33. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Detroit
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Manchester Apartments
2016 E Jefferson Ave, Detroit, MI 48207| STUDIO | Ask for Pricing |
| 1 BED | $1,025+ |
| 2 BEDS | Ask for Pricing |
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